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Insurance
Specialist niche-product managing general agent (MGA) Ascent Underwriting said on Sept. 18 that it is further targeting small and medium-sized (SME) business by offering nil deductible/zero excess options on all cyber insurance policies globally. 18 September 2017
Insurance
Twelve Capital, an investment firm specialising in insurance investments, said on Sept. 18 that it hired Aaron Coates to the firm’s London office. 18 September 2017
Insurance
The current environment of disruption will cause a shake-up in the marine insurance sector, the president of the International Union of Marine Insurance (IUMI) Dieter Berg said at the annual IUMI conference in Tokyo. 18 September 2017
Insurance
UK-based Aviva said that it has completed the sale of its 50 percent shareholding in life insurance and pension joint ventures Unicorp Vida and Caja España Vida, as well as its retail life insurance business Aviva Vida y Pensiones, to Santalucía Compañía de Seguros y Reaseguros. 18 September 2017
Insurance
Insurer RSA has hired the CEO of AXA Corporate Solutions UK to become managing director of its French unit. 15 September 2017
Insurance
Zurich-based Swiss Life is facing investigations by the US Department of Justice (DoJ) over its potential role in helping US citizens to avoid paying taxes. 14 September 2017
News
Losses from Hurricane Harvey and Irma could mean that Munich Re will miss its profit guidance of €2.0–2.4 billion for 2017, the company said in a Sept. 13 press release. 14 September 2017
Insurance
Insurer Chubb has promoted Tara Parchment to head its European personal risk services division, based in London. 14 September 2017
Insurance
German commercial insurer HDI, as a subsidiary of Talanx and sister company of Hannover Re is expanding its cyber insurance programme. 14 September 2017
Insurance
Italian insurance group Generali has agreed to sell its Dutch business to Netherlands-based insurer ASR Nederland. 13 September 2017
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